Ryder System's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Ryder System is set to release its quarterly earnings on October 24, 2024, with analysts expecting an EPS of $3.42. Investors are keen on not just an earnings beat but also positive future guidance. Historically, Ryder's stock price has shown minimal movement post-earnings. The stock is currently trading at $145.73, with a 52-week increase of 55.78%. Analysts rate Ryder as 'Outperform' with a price target of $155, indicating a potential 6.36% upside.
October 23, 2024 | 4:02 pm
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Ryder System is expected to report an EPS of $3.42. Investors are looking for an earnings beat and positive guidance. The stock has shown minimal price changes post-earnings in the past. Analysts rate it as 'Outperform' with a price target of $155.
Ryder's upcoming earnings report is crucial as investors are not only looking for an EPS beat but also positive guidance. Historically, the stock has shown minimal price changes post-earnings, indicating that guidance may have a more significant impact. The 'Outperform' rating and price target suggest moderate optimism from analysts.
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